gamestop Reddit Traders Trigger Massive GameStop Short Squeeze Against Hedge Funds A coordinated group of retail investors on Reddit pushes GameStop stock up 1,500% in two weeks, causing heavy losses for short-selling hedge funds.
reddit Reddit's WallStreetBets Temporarily Goes Private Amid Historic Market Frenzy The WallStreetBets forum briefly restricts access as an army of retail traders pushes GameStop and AMC to staggering heights. The sudden surge causes major concerns about market stability and heavy losses for hedge funds.
china China Halts Ant Group's $35 Billion IPO Over Lending Regulations Chinese regulators suspend Ant Group's massive initial public offering due to impending changes in internet micro-lending rules. Analysts warn the company's current valuation does not reflect the upcoming stricter financial environment.
slack Salesforce Acquisition Rumors Push Slack Stock Up 25 Percent Shares of Slack surge nearly 25 percent amid reports that Salesforce is considering acquiring the workplace chat platform. The potential deal aims to combine Slack's workflow tools with Salesforce's extensive CRM ecosystem.
dow jones Dow Jones Breaks 30,000 Point Barrier Amid Political Shifts The Dow Jones Industrial Average surpasses 30,000 points for the first time in history, driven by the start of the presidential transition and vaccine optimism.
dow jones Dow Surges Past 30,000 as Vaccine Hopes and Transition Clarity Drive Rally The Dow Jones Industrial Average breaks the 30,000 mark for the first time, fueled by positive vaccine developments and the official start of the presidential transition. Value stocks lead the broad market rally as investors anticipate a swift economic recovery in 2021.
palantir Palantir Posts 52% Revenue Growth in First Post-IPO Earnings Report Palantir reports better-than-expected revenue for its third quarter but faces an operating loss due to stock-based compensation. The data analytics firm also raises its full-year revenue guidance as customer concentration decreases.
alibaba Alibaba Breaks Singles Day Sales Record Amid Massive Stock Plunge Alibaba achieves a record $56.42 billion in Singles Day sales but suffers a nearly 10% stock drop due to new Chinese antitrust regulations.
stock market Dow Jumps Over 1,500 Points as Pfizer Vaccine News Lifts Markets US stock markets surge after Pfizer announces promising early results for its Covid-19 vaccine, adding to optimism following the presidential election.
stock market Markets Surge as Pfizer Reports Highly Effective COVID-19 Vaccine Global stock markets experience massive gains after Pfizer announces its coronavirus vaccine shows more than 90% effectiveness. The historic rally lifts industries hit hardest by the pandemic while dropping tech stocks.
pfizer Pfizer Covid-19 Vaccine Shows Over 90% Effectiveness in Clinical Trials Pfizer and BioNTech report their coronavirus vaccine is more than 90% effective at preventing infection, far exceeding initial expert expectations. The breakthrough sparks a massive global market rally and offers renewed hope for ending the pandemic.
ant group Chinese Regulators Halt Ant Group's Record-Breaking IPO Beijing regulators suspend Ant Group's massive stock market debut just days before trading begins, following critical remarks by founder Jack Ma.
microsoft Microsoft Beats Earnings Expectations as Azure Growth Reaches 48% Microsoft exceeds revenue and profit projections for its latest quarter while its Azure cloud platform posts impressive 48% growth. Despite the strong results, the company's stock remains flat in after-hours trading.
intel Intel Stock Drops 10% Despite Beating Q3 Earnings Expectations Intel shares fall sharply in after-hours trading as investors react to a major revenue miss in the company's Data Center Group. Despite meeting overall profit and revenue expectations, a 47% decline in enterprise sales sparks pandemic-related growth fears.
nasdaq Nasdaq Drops as Disney Earnings Disappoint While Cisco Surges The Nasdaq opens sharply lower as weak Disney earnings weigh on market sentiment, though strong results from Cisco provide a bright spot for investors.